1,263

Affordable Homes for Sale in Memphis, TN under $154,000

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  • /2

    $90,000

    • 3 Beds
    • 1 Bath
    • 1,232 Sq Ft

    4097 Mossville St, Memphis, TN 38109

    Charming 3BR/1BA Home~Currently Tenant Occupied~Tenant's Rent is $891/mo~Professionally Managed by Local PM Company~Seller is also selling 3791 Marvin ($80k), 2933 N Radford ($70k) and 1898 McLemore ($107,500). Seller is not interested in creative financing offers or owner financing offers. Please do not disturb tenants. Write offer contingent on viewing/inspections.

    Jennifer Carstensen Real Estate Agency

    4097 Mossville St, Memphis, TN 38109
  • /31

    $109,900

    • 3 Beds
    • 2 Baths
    • 1,494 Sq Ft

    1380 North Dr, Memphis, TN 38109

    3 bedroom, and 2 baths home set on a wooded lot, this one-level home offers a spacious layout. The interior features a bright living area with large windows. The kitchen includes white cabinetry, black appliances, and ceramic tile floors, with an adjacent dining area that flows into the living space. Each bedroom provides ample natural light and closet space, while the bathroom is finished with a

    Alexis Martz Trelora Realty

    1380 North Dr, Memphis, TN 38109
  • /2

    $12,000

    • Land
    • 0.07 Acre
    • $171,429 per Acre

    0 Mccomb Ave, Memphis, TN 38107

    Vacant lot for sale! Located on McComb Ave, this parcel offers a buildable site in a residential neighborhood. Close to local amenities and major roads. Buyer to verify zoning, utilities, and permitted uses. Perfect for new construction or investment.

    Joshua Moss KAIZEN Realty, LLC

    0 Mccomb Ave, Memphis, TN 38107
  • /2

    $89,995

    • 2 Beds
    • 1 Bath
    • 714 Sq Ft

    251 N Montgomery St, Memphis, TN 38104

    Super cute midtown stone house. Make this your own design. Interior has not been finished. Home cannot qualify for FHA/VA/conventional.

    Claire Gold Bridge Realty Memphis

    251 N Montgomery St, Memphis, TN 38104
  • /18

    $95,000

    • 3 Beds
    • 2.5 Baths
    • 1,600+ Sq Ft

    3629 Chesterwood Dr Unit 77, Memphis, TN 38118

    Fantastic spacious 3 Bedroom 2 1/2 Bath Townhome w/covered parking. Fully renovated!!! Fenced patio enclosed with new fence., security doors. Home is tenant occupied, and on month-to-month lease. This home is great for first time home buyers.

    Janice Mathis eXp Realty, LLC

    3629 Chesterwood Dr Unit 77, Memphis, TN 38118
  • /29

    $82,500

    • 3 Beds
    • 1 Bath
    • 1,270 Sq Ft

    2036 Saint Elmo Ave, Memphis, TN 38127

    Charming 3-bedroom home in Frayser! Welcome to 2036 St Elmo Ave, a cozy 1-story home featuring 3 comfortable bedrooms and 1 full bath. This property offers a functional layout, bright living spaces, and a spacious yard perfect for outdoor enjoyment. Conveniently located near schools, shopping, and major routes, it’s a great option for first-time buyers or investors looking for a solid addition to

    Alexis Martz Trelora Realty

    2036 Saint Elmo Ave, Memphis, TN 38127
  • /23

    $120,000 Pre-Foreclosure

    • 2 Beds
    • 1 Bath
    • 952 Sq Ft

    3787 Rhodes Ave, Memphis, TN 38111

    LOOKING FOR INVESTORS GREAT PROPERTY TO ADD TO YOUR PORTFOLIO. Great Home in the U of M area With Separate Garage / Workshop All appliances including washer & dryer included NEW Fenced back & side yard separate storage building behind garage TENANT OCCUPIED Currently on Lease with option to Purchase $1300 % 5 year Balloon. Contact Listing agent for details on Lease/Purchased contract in place and

    Lisa Burks Adaro Realty, Inc.

    3787 Rhodes Ave, Memphis, TN 38111
  • /9

    $70,000

    • Land
    • 13.78 Acres
    • $5,080 per Acre

    0 Mary Dr, Memphis, TN 38111

    Unlock the potential of this rare, 13.78-acre untouched tract situated in a high-demand pocket of Memphis. This expansive parcel represents a significant opportunity for developers to deliver much-needed housing stock in a central, highly accessible location. Zoning & Development Potential: RU-3 (Residential Urban - 3) Zoning: This versatile classification offers a wide range of development

    William Patton National Land Realty, LLC

    0 Mary Dr, Memphis, TN 38111
  • /20

    $129,000

    • 2 Beds
    • 2 Baths
    • 1,421 Sq Ft

    958 Birch St, Memphis, TN 38108

    ATTENTION INVESTORS! This spacious 3 bedroom 2 bathroom house will make an excellent addition to your portfolio! Completely refurbished and rented for $1,150/month and under professional management. Home features spacious den with fireplace, separate dining room, large master bedroom with convenient exterior access, large upstairs storage area, and much more! Conveniently located 1 mile from

    Jeremy Veldman KAIZEN Realty, LLC

    958 Birch St, Memphis, TN 38108
  • /30

    $79,900

    • 3 Beds
    • 1 Bath
    • 1,044 Sq Ft

    2449 Labonte Dr, Memphis, TN 38127

    Welcome home! This charming 3-bed, 1-bath single-family residence features beautiful hardwood floors throughout and an inviting layout filled with natural light. Enjoy the expansive yard—perfect for gardening, gatherings, or future expansion. A wonderful opportunity to own a comfortable, well-kept home with plenty of outdoor space.

    Alexis Martz Trelora Realty

    2449 Labonte Dr, Memphis, TN 38127
  • /2

    $12,500

    • Land
    • 0.07 Acre
    • $178,571 per Acre

    0 Driver St, Memphis, TN 38126

    Great parcel of land for a developer or investor! Willing to sell as a bundle with other lots.

    Chinna Prude-Anderson C21 Patterson & Assoc. Real Es

    0 Driver St, Memphis, TN 38126
  • /16

    $85,000

    • 3 Beds
    • 1 Bath
    • 962 Sq Ft

    2815 Alvin Ave, Memphis, TN 38114

    Cute 3-bedroom one bath property in a cove. Kitchen and bath have both been updated. Hardwood and vinyl flooring throughout. Large backyard space great for entertaining. Would be great for either a first-time homeowner or an investor. Schedule your appointment today!!!!

    Karen Gray REMAX Experts

    2815 Alvin Ave, Memphis, TN 38114
  • /5

    $72,000

    • 2 Beds
    • 1 Bath
    • 600+ Sq Ft

    1971 Boyle Ave, Memphis, TN 38114

    Welcome to 1971 Boyle Avenue, Memphis, TN 38114! This 2-bedroom, 1-bath home blends comfort and practicality—ideal for both homeowners and investors. Inside, you'll find durable LVP flooring and a bright, open living area perfect for hosting or relaxing. The modern kitchen offers generous storage with large shaker cabinets. Additional features include window A/C units and a spacious fenced

    James Wachob Foundation Property Management

    1971 Boyle Ave, Memphis, TN 38114
  • /2

    $119,900

    • 3 Beds
    • 1 Bath
    • 1,511 Sq Ft

    2714 Nix Cove, Memphis, TN 38127

    Fantastic investment opportunity in the Shelby area. This 3br/1 bath single-family home is in the 38127 area. Cash flowing with a monthly rentalamount of $1,250/month, month to month. No showings without an accepted offer. No wholesaler offers or offers with assignment of contract language willbe accepted.

    Dean Harris CrestCore Realty MphsBrokerage

    2714 Nix Cove, Memphis, TN 38127
  • /2

    $115,000

    • 2 Beds
    • 1 Bath
    • 1,000+ Sq Ft

    1797 Dupont Ave, Memphis, TN 38127

    Great investment opportunity in this rental income producing house. It has 3 bedrooms and 1.5 baths. Currently renting for $1,350 per month. so as not to disturb tenants inspection scheduled after an accepted offer. Over 15 other rental houses available also.

    Harry Samuels Pinnacle Realty

    1797 Dupont Ave, Memphis, TN 38127
  • /2

    $7,500

    • Land
    • 0.13 Acre
    • $57,692 per Acre

    1431 N Bellevue Blvd, Memphis, TN 38107

    Nice lot! Come build your new house!

    Myles Wilson Keller Williams

    1431 N Bellevue Blvd, Memphis, TN 38107
  • /12

    $125,000

    • 3 Beds
    • 1 Bath
    • 1,053 Sq Ft

    1017 Gordon St, Memphis, TN 38122

    Cozy 3 bedroom, 1 bathroom home featuring comfortable living space and a decent-sized backyard, perfect for relaxing, grilling, or letting the kids and dogs run. A great place to call home.

    Crystal Mitchell Renshaw Company, REALTORS

    1017 Gordon St, Memphis, TN 38122
  • /6

    $139,874

    • 2 Beds
    • 2 Baths
    • 1,200+ Sq Ft

    4195 Cedartree Dr, Memphis, TN 38141

    BACK ON MARKET 10/26 BUYER FINANCING FAILED What a great start to Homeownership or to build your portfolio!!! This beautifully renovated 2 bedroom 2 FULL bath town home (END UNIT) QUALIFIES for 100% financing & DPA programs. Close to shopping, restaurants & entertainment in both Memphis & Desoto County...this would make the PERFECT home or investment! Downstairs features a family room with a cozy

    Tijuana Wallace Keller Williams

    4195 Cedartree Dr, Memphis, TN 38141
  • /13

    $121,000

    • 5 Beds
    • 2.5 Baths
    • 2,200+ Sq Ft

    449 Fernwood Ave, Memphis, TN 38106

    INVESTORY ONLY! Tenant occupied and professionally managed home. This could be a great addition to your investment portfolio. Currently rent for $1470/mo with a $1395 deposit on file. Lease ends 3/31/26. Large home. Many homes in this area are being rehabbed and sold for more money. Lease, ledger, and payment/repair history are available upon request. Do not approach or disturb tenant. No

    Tyler Tapley Crye-Leike, Inc., REALTORS

    449 Fernwood Ave, Memphis, TN 38106
  • /12

    $129,900

    • 3 Beds
    • 1.5 Baths
    • 922 Sq Ft

    2955 Lake Park Rd, Memphis, TN 38127

    This move-in-ready home offers a great opportunity for both investors and owner-occupants. Situated on a desirable corner lot, the property is conveniently located just minutes from major employment centers, including the Amazon and Nike facilities. New construction across the street highlights ongoing growth and reinvestment in the surrounding area, adding to the long-term appeal of this

    Jackson Gillihan Coldwell Banker Collins-Maury

    2955 Lake Park Rd, Memphis, TN 38127
  • /23

    $99,975

    • 2 Beds
    • 1 Bath
    • 1,061 Sq Ft

    726 E Gage Ave, Memphis, TN 38106

    Property selling as follows: As-Is Where-Is. Entire house has been renovated. New wood fence around property. This cute house just got a makeover! It has a new roof, so it’s all set for any weather. Inside, there are two bedrooms and one bathroom, all redone and looking great. The floors are new everywhere in the house, making it feel fresh. The kitchen has shiny new appliances, ready for you to

    KC Lam Cordova Realty, Inc.

    726 E Gage Ave, Memphis, TN 38106
  • /2

    $120,684

    • 3 Beds
    • 2 Baths
    • 1,488 Sq Ft

    1910 Whitney Ave, Memphis, TN 38127

    Opportunity awaits at 1910 Whitney! A solid property with great potential, perfect for investors expanding their portfolio or homebuyers ready to personalize their space. Functional layout with room to refresh, reimagine, or add value. Portfolio opportunity available. No wholesalers. New Roof

    Shaneathia Armstrong C21 Patterson & Assoc. Real Es

    1910 Whitney Ave, Memphis, TN 38127
  • /23

    $135,000

    • 2 Beds
    • 1 Bath
    • 759 Sq Ft

    2881 Tutwiler Ave, Memphis, TN 38112

    Welcome to 2881 Tutwiler! This fully renovated home features an open-concept layout perfect for family living, brand-new appliances, updated major systems, and modern finishes throughout. Enjoy a spacious backyard and a new front gate for added privacy. Completely move-in ready, just bring your furniture and enjoy worry-free living.

    Gloria De Leon Fast Track Realty, LLC

    2881 Tutwiler Ave, Memphis, TN 38112
  • /24

    $120,000

    • 3 Beds
    • 1 Bath
    • 975 Sq Ft

    3314 Adair Dr, Memphis, TN 38127

    Lovely 3 bed one bath home that was recently rehabbed with new interior paint and new flooring. Home has several nice amenities including: covered parking, large backyard that is fenced (pet friendly) and a huge covered patio (perfect for entertaining guests and grilling out). Seller will install a brand new stove and is willing to help with closing costs with an acceptable offer. FHA, VA,

    Tyler Tapley Crye-Leike, Inc., REALTORS

    3314 Adair Dr, Memphis, TN 38127
  • /2

    $12,000

    • Land
    • 0.05 Acre
    • $240,000 per Acre

    0 Red Oak St, Memphis, TN 38112

    Vacant residential parcel. Buildable lot with nearby homes and community amenities. Convenient location near local shopping, schools, and transportation. Utilities available nearby (buyer to verify). Ideal for custom home building or investment.

    Joshua Moss KAIZEN Realty, LLC

    0 Red Oak St, Memphis, TN 38112
  • /2

    $140,000

    • 4 Beds
    • 2 Baths
    • 1,592 Sq Ft

    3264 Yale Ave, Memphis, TN 38112

    Great opportunity to own an income-producing duplex! 2-bed/1-bath on each side currently renting for $750/unit. Conventional, VA, and FHA offers are welcome; tenant-occupied; showing allowed after offer acceptance. DO NOT DISTURB TENANTS

    Kim Harper Groome & Co.

    3264 Yale Ave, Memphis, TN 38112
  • /15

    $110,000

    • 3 Beds
    • 1.5 Baths
    • 1,218 Sq Ft

    4032 Haliburton St, Memphis, TN 38128

    Great Occupied investment Opportunity! This property is currently occupied by a tenant who is paying $1030 per month and is on a lease until 4/30/2027. There is professional property management in place with Reedy and Company. No wholesale or creative financing offers. No showings without an accepted offer.

    Alex Evans Reedy & Company, REALTORS

    4032 Haliburton St, Memphis, TN 38128
  • /4

    $150,000

    • Land
    • 1.43 Acres
    • $104,895 per Acre

    10972 U S Highway 64, Arlington, TN 38002

    BACK ON THE MARKET. For sale is the total of 1.43 acres for the lots located at 10972 and 10982. The property was rezoned as general commercial. There is about 261 feet of road frontage. Electrical and water are at the street. Soil map has been done for septic permit application.

    Elena Holcomb John Green & Co., REALTORS

    10972 U S Highway 64, Arlington, TN 38002
  • /2

    $7,250

    • Land
    • 0.42 Acre
    • $17,262 per Acre

    3602 Silas Rd, Memphis, TN 38109

    Great opportunity for builders & investors. Lot is zones R-6, single family residential. Purchase this lot 0 Silas and 3602 Silas as a package deal or individually. Go by and check out this great opportunity.

    Angelita Parham KAIZEN Realty, LLC

    3602 Silas Rd, Memphis, TN 38109
  • /8

    $65,900

    • 3 Beds
    • 1 Bath
    • 1,189 Sq Ft

    792 Goodwyn St, Memphis, TN 38111

    **OCCUPIED PROPERTY****DO NOT DISTURB** Long time rental for sale. Same tenant in place since approx 4/2013. Currently month-month. Rent is $845+$100pm for month to month, bringing total to $945. Minimum ED $2500 to be held by Saddle Creek Title in Memphis. Max 10 day inspection period. No showing without accepted offer.

    Daniel Sturdivant Bluff City Management, LLC

    792 Goodwyn St, Memphis, TN 38111
  • /10

    $119,900

    • 3 Beds
    • 1 Bath
    • 1,004 Sq Ft

    4250 Trudy St, Memphis, TN 38128

    Charming 3-bedroom, 1-bath home nestled in the desirable 38128 area! Completely renovated in 2021, this move-in-ready property features a new roof, updated water heater, and a warm, functional layout. Enjoy excellent curb appeal and a spacious fenced backyard—perfect for relaxing, entertaining, or making a smart investment.

    Thomas Zettergren Premier Realty Group, LLC

    4250 Trudy St, Memphis, TN 38128
  • /2

    $5,500

    • Land
    • 0.05 Acre
    • $110,000 per Acre

    0 Azalia St, Memphis, TN 38106

    Vacant lot can be viewed anytime. Cleared and ready to build on. The lot can be sold individually or together with 1271 College St, 925 Fold Pl, 1079 Orleans, 1087 Orleans, 1089 Orleans, 1105 Orleans and 0 Azalia St for additional purchase.

    Pam Beall Crye-Leike, Inc., REALTORS

    0 Azalia St, Memphis, TN 38106
  • /2

    $6,400

    • Land
    • 0.12 Acre
    • $53,333 per Acre

    1615 Barton St, Memphis, TN 38106

    Looking to add to your portfolio? This parcel is Perfectly priced to be snatched up by the savvy buyer. Don't let this plot pass you by!

    Nikki Rainey Epique Realty

    1615 Barton St, Memphis, TN 38106
  • /32

    $150,000

    • 3 Beds
    • 1.5 Baths
    • 1,354 Sq Ft

    1343 Dove St, Memphis, TN 38127

    1% CASH FLOW- ONE YEAR BUILDER WARRANTY . RENTED MHA $1450.00- 3 BR 2 Bath home fully renovated in 2025- New roof, exterior paint, new floors, bathrooms, and kitchen, LVT and tile flooring, new condenser, new furnace, hot water heater, lighting, and fixtures. Can be sold as a pkg with the following MLS listings: 10212251, 10212253, 10212254, 10212255. Some photos are staged. No owner finance or

    Brett Bernard The Stamps Real Estate Company

    1343 Dove St, Memphis, TN 38127
  • /8

    $114,000

    • 3 Beds
    • 1 Bath
    • 1,023 Sq Ft

    1560 Delano Ave, Memphis, TN 38127

    INVESTORS ONLY! MULTIPLE PROPERTY PORTFOLIO Seller prefers bulk offers but will look at individual offers. Tenant occupied property available for sale. Professionally managed by Foundation Property Management. Lease and ledger available upon request. Currently rented for $950/month through 10/30/2027. No creative or owner financed offers. No wholesalers or assignments. Do not disturb or approach

    James Wachob Foundation Property Management

    1560 Delano Ave, Memphis, TN 38127
  • /27

    $150,000

    • 2 Beds
    • 2.5 Baths
    • 1,200+ Sq Ft

    2663 Central Terrace Unit 30, Memphis, TN 38111

    Welcome to a prime unit in Villas at Chickasaw Condominiums, your secure, gated retreat in the heart of Midtown just minutes from the Liberty Bowl Stadium, U of M, and CBU! This stylish condo is designed for modern living. The main level boasts an open-concept living and dining area, complemented by a stunning kitchen featuring a central island, stainless steel appliances, updated lighting, and a

    MeYucca Rayner Crye-Leike, Inc., REALTORS

    2663 Central Terrace Unit 30, Memphis, TN 38111
  • /8

    $124,900

    • 3 Beds
    • 1 Bath
    • 1,146 Sq Ft

    4511 Sumners Wells Rd, Memphis, TN 38118

    Great 3-bedroom 2 bath home with great price. A must see.

    Fred Sengstacke KAIZEN Realty, LLC

    4511 Sumners Wells Rd, Memphis, TN 38118
  • /13

    $90,000

    • 2 Beds
    • 1 Bath
    • 832 Sq Ft

    2570 Malone Ave, Memphis, TN 38114

    Recently Renovated Home ~ Hardwood Floors ~ Updated Lights~ Two Spacious Bedrooms and One Updated Bathroom with Tile Surround ~ Nice Kitchen Cabinets and Tops ~ Recent Roof ~ Updated Lights and Fans ~ Great for Investor or First Time Home Buyer

    Taj Schuerman Keller Williams Realty

    2570 Malone Ave, Memphis, TN 38114
  • /2

    $23,000

    • Land
    • 0.16 Acre
    • $143,750 per Acre

    1676 Walker Ave, Memphis, TN 38114

    Excellent lot for sale in Glenview. This lot is zoned Residential and backs up to 996 Rozelle, both are for sale but can be sold individually.

    Amanda Kirkman KAIZEN Realty, LLC

    1676 Walker Ave, Memphis, TN 38114
  • /14

    $139,900

    • 4 Beds
    • 2 Baths
    • 1,647 Sq Ft

    2721 Nix Cove, Memphis, TN 38127

    Recent rehab in past 2 years. Tenant occupied currently rented for $1,395 month. Valid lease until 9/26. Pictures are after rehab and before tenant. Great turn key rental.

    Joe King Marathon REALTORS, LLC

    2721 Nix Cove, Memphis, TN 38127

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